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Canara Robeco IPO fully subscribed
Mint Hyderabad
|October 14, 2025
Asset manager Canara Robeco’s nearly $150 million initial public offering (IPO) was fully subscribed on Monday, the final day of its three-day bidding process, led by strong institutional interest after muted demand earlier.
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The Mumbai-based firm's IPO drew bids worth ₹21.23 billion ($239.7 million), 2.3 times the 34.9 million shares on offer, with demand led by qualified institutional buyers (QIB) who bid for four times their allotted portion, exchange data showed. Retail investors, who ha
This story is from the October 14, 2025 edition of Mint Hyderabad.
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